possible short from retest of previous support now is resistance

20 במרץ 2015

overall market is in a downtrend and if this bar closing in 25mins can close underneath that level of support which will be resistance it could provide a nice entry to the downside ... theres also a inside bar forming on 4hr which is a good indication of trend continuation for me but others may see this as a point in which market is in indecision which could cause a breakout most probably to the downside